Economics

The collapse of America’s middle class crushed department stores. Amazon and the pandemic are the final blows.

The entertainment group has been quietly scanning faces since at least 2018.

Buy Now, Pay Later (or BNPL) loans have seen an astronomical growth in popularity - you’ve probably seen them while shopping online. While they may seem like...

BNPL loans are consumer installment loans that allow you to purchase items right away with little or no initial payment and pay off the balance in installments over time.

Christmas is approaching. For many people this is a magical season, filled with songs and decorations, when you hope that all your wishes come true. Others consider Christmas to be a stressful time when you need to rush around to get presents for all your friends and family.

"Kidults" are responsible for one-fourth of all toy sales annually, around $9 billion worth, as they buy everything from Star Wars to Lego products.

Loss aversion can make coming in second place feel disappointing, while coming in third can be seen as a positive outcome because it avoids the disappointment of not achieving the goal.

In addition to the World Cup trophy, the tournament winners in Qatar will receive a tidy sum of money.

Given that the holiday break is upon us, this FOMC-related post is intended to give you, the educator, food for thought if you are interested in diving a bit deeper into issues surrounding the Federal Reserve and their policies.  You never know, this could come in handy if the topic comes up during one of those holiday gatherings....   The Issue As part of this month’s FOMC, members revised their projections for economic indicators (SEP), and their interest rate projections are higher than what the market believes they will be a year from now. This made for interesting questions during the post FOMC press conference and among the talking heads afterward. (For more on the SEP, check out this EconExtra from September that explains it.)   Resources For a thorough review of what came to light in the Powell press conference this week, and how we got to where we are today and where we have been in terms of inflation, take five minutes to watch Gary Cohn on CNBC.

Upwork (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released the results of “Freelance Forward

LEGO set prices differ depending on where you shop. TheToyZone found a 700% difference between the average price of LEGO in the most and least expensive markets.

The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new analysis.

View the latest prices of your favorite restaurants, gyms, beauty salons, movie theaters, mechanics, pet groomers, deli shops, bakeries, and more.

Let's run through the three trades that have shaken up the top of next April's NFL draft and figure out what has gone right ... and wrong.

When it comes to retaining customers, two—or three, or four—heads are better than one.

I love checking out the different list of economics that give insight into the overall strength of the economy. But, it’s always fun to think about the newest indicators that are a result of new technology, different habits and ways of working. There are a number of economic indicators that I haven’t seen on any […]

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University of Washington political science professor Anthony Gill explains the social and economic value of gift-giving — and how even unwanted gifts help promote trust and build relationships.

After years of growing income inequality, concerns about technology-driven displacement of jobs, and rising societal discord globally, the combined health and economic shocks of 2020 have put economies into freefall, disrupted labour markets and fully revealed the inadequacies of our social contracts. We find ourselves at a defining moment: the decisions and choices we make today will determine the course of entire generations’ lives and livelihoods.

Spotify’s 'Billions Club' playlist tracks every song with over 1 billion streams. We took the data and broke it down by decade and artist.

Automation, or the use of technology to perform tasks that were previously performed by humans, has been a topic of significant interest in economics due to its potential impact on labor demand.